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The Property Podcast

ASK350: Is now a bad time to buy off-plan? PLUS: What are your top 10 podcasts?

The Property Podcast

Rob Bence & Rob Dix

Investing, Education, Business News, News, Business

4.82K Ratings

🗓️ 13 September 2022

⏱️ 8 minutes

🧾️ Download transcript

Summary

It’s Tuesday and you know what that means – Rob & Rob are back answering your questions!

Paul’s kicking us off this week, and he’s got a question about buying off-plan property.

Paul’s still new to investing, but he’s already exchanged on two off-plan properties in Manchester city centre that are due to complete in Q2 of 2024 and he’s considering getting a third.

However, he’s now wondering if it’s actually a good time to be buying off-plan.

When the time comes for him to get a mortgage, will interest rates be even higher? And could he actually struggle to get one due to not meeting lending criteria?

Next up, we’ve got a question from Ed.

Ed is also new to investing and currently has a freehold property in London. He’s currently soaking up as much Property Hub content as he can, but he wants to know if Rob & Rob could recommend the best podcast episodes for beginners like himself.

Tune in and find out what the guys had to say.

Looking for the links? They’re right here:

Do you have a buy-to-let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).

Or if you prefer, click here to leave a recording via your computer instead.

The next question on Ask Rob & Rob could be yours.

Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So, get yourself over and introduce yourself.

And if you’d like to find out more information about Portfolio you can do that here.

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hi, I'm Rob.

0:03.5

And I'm Rob.

0:04.5

And this is Ask Rob and Rob.

0:06.5

Hey everyone, thank you for joining us.

0:09.6

We've got two brilliant questions coming up this week.

0:12.7

So excited.

0:13.7

Can't wait to get into them.

0:14.7

But before we get carried away, you know by now we like to remind you how you can get

0:19.6

your question onto the show.

0:21.8

So let's give you that reminder.

0:23.2

Yes, the path to your answer looks like this.

0:25.8

Let's give us a call on 013808-3035 or go to prophecyHub.net-ask.

0:32.4

That is where you leave us a voicemail.

0:34.0

You'd be recorded if you get it wrong, no shame in that.

0:36.6

And then once you're happy, you send it our way.

0:38.7

And in due course, we answer it on the podcast, just like we're about to now.

0:43.0

Hello, Rob and Rob.

0:44.0

My name's Paul from Bromley.

0:45.8

I absolutely love your podcasts and your website and books.

0:49.7

So thank you very much for all of that.

0:51.9

My question is, is now a bad time to be buying off a plan.

0:55.4

I'm new to property investing, but I have already exchanged on two off plans in Manchester

...

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